Downloads of Nike mobile apps for the quarter were down 35% from a year earlier, and foot traffic at Nike stores was down 11% ...

Nike's sales drop as consumers shift away from pricey sneakers and apparel, prompting a major turnaround strategy.

The shoe company has run into a slump, but a partnership with Kim Kardashian could be a step towards a turnaround.

Matthew Friend; Chief Financial Officer, Executive Vice President; Nike Inc Good afternoon, everyone. Welcome to NIKE Incorporated fiscal 2025 third-quarter conference call. For those who want to ...

In North America, the company saw a sequential improvement in sales, which were down 4% at $4.86 billion, driven by its core footwear segment. Sales in China and the company's Europe, Middle East and ...

The sportswear brand said Thursday that sales in its current fourth quarter are expected to drop at a rate in the mid-teens from a year ago, albeit at the low end of that range, following a 9.3% ...

Chief Executive Elliott Hill, who returned to the company in October, said Nike is making progress and is confident the ...

For those who want to reference today's press release, you'll find it at investors.nike.com. Leading today's call is Paul ...

“Nike’s renewed focus on expanding its womenswear offerings is essential to its turnaround. Nike can continue to grow its ...

Signals point to what will potentially be the worst revenue fall for Nike since the COVID-19 pandemic rocked the industry in 2020. According to a report from Business of Fashion (BoF), falling foot ...

Nike’s (NKE) turnaround plan is beginning to show results, thanks to a renewed focus on sports, its new CEO Elliott Hill said ...